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Search Results 0 to 44 of about 45 (some duplicates have been removed)
CNN
Nov 26, 2012 8:00am PST
to maintain bush-era tax rates for the poor and middle class, while letting those lower rates expire for higher earners. this morning, the white house put out numbers claiming if we fall off the cliff, consumers will be spending less money next year. how much less, exactly? $200 billion in fiscal 2013 alone. that would be a huge, huge hit on retailers. now, tax hikes are the biggest part, but not the only part of the fiscal cliff. seeing it as a fiscal cliff, the new year will also bring more than $100 billion in spending cuts, if -- if congress and the president can't agree on some other course. all of this brings me to my friend, cnn's christine romans with details on the toll on consumer spending. we threw out the number, $200 billion. what does that mean? >> it comes straight from the white house, trying to ride the coat tails of black friday weekend when throwing around how much money consumers spent over the past four days. the white house is saying, if these tax cuts go away for the middle class and taxes rise and the amt patch goes away and taxes rise on the middle class, it
CNN
Nov 22, 2012 11:00am PST
putting crack cocaine in candy machines. it's that easy. >> this isn't just a drug bust. your tax refund ask at risk. >>> vanished. two florida men last seen with the same sheriff's deputy. >> do you have any hope your son is still alive? >> i don't believe terrance is alive. at this point, i have to find out what happened to him. >> the mystery surrounding two missing men. revealing investigations. fascinating characters. stories with impact. this is "cnn presents" with your host tonight, randi kaye and drew griffin. >> tonight, bizarre crimes of baffling stories of whodunit and a scam targeting your paycheck and mysterious case of two men in florida who simply vanished. >> we begin on a blistering summer day in erie, pennsylvania. by the time the sun had set, one of the most bizarre bank robberies in the annals of the fbi had been committed. a man described by his family as the salt of the earth was dead, and a mystery full of strange twists was about to unfold with this phone call to 911. >> 911. what's your emergency? >> yes. we've just been robbed. >> is anyone hurt? >> no. he just
PBS
Nov 28, 2012 3:00pm PST
get the latest on the efforts to resolve the impasse over tax hikes and spending cuts. >> brown: then, we get two views of a palestinian bid for limited statehood, ahead of a key vote tomorrow at the united nations. >> warner: wonder why your bills are going up? paul solman examines "the fine print" with author and journalist david cay johnston. >> i'm not against corporations. i am in favor of rules that make you earn your profits in the competitive market. you don't get them through a government rule that lets the company reach in your wallet and take money. the kinds of profits that we're >> brown: after the election, what's next for immigration reform? ray suarez asks texas senator kay bailey hutchison and illinois representative luis gutierrez. >> warner: and on the "daily download," we look at how the obama administration is re-using digital information gathered for the campaign to rally support now. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations
CNN
Nov 27, 2012 11:00am PST
it with me, 35 days to avoid the dreaded fiscal cliff, the huge package of tax hikes and spending cuts set to take effect january 1 if congress and the president do not cut a deal. we're told they have been talking behind the scenes and president obama has already hosted congressional leaders for a post election sit-down. but the president is also launching a new pr effort, a campaign, some are calling it here, starting with the white house meeting today, of small business owners. then tomorrow, the president hosts more business owners and a group of middle class americans who would be hurt if the tax hikes take effect the first of the year. then friday, a campaign style stop in pennsylvania, a toy factory of all places, highlighting the importance of middle class consumers in this holiday season. but back in washington, senate leaders, they are speaking out. you have democrat harry reid saying the president won the election. and it is time for republicans to fall in line. meantime, republican mitch mcconnell not impressed with the president's plans to go back on the road. take a listen. >
ABC
Nov 27, 2012 1:40am PST
. >>> but also this half hour, higher taxes on the table as the country edges closer to that fiscal cliff at the end of the year. some republican lawmakers are rethinking their promise not to raise the taxes. >>> and then here's a tax problem worth having, the tax bill on a record $425 million powerball jackpot that's up for grabs wednesday night. people across the country are dreaming. >> and we all know the chances are beyond slim. i think, the money you are putting down is for the fantasy. just that moment, you go, "man if i won this, wouldn't that be great." you're buying that moment of escape. not buying a real shot. >> you're very familiar with fantasizing, right? >> oh, yeah. >> money. winning. >> helps you get through the day. >>> and later they're back. 'tis the season for my favorite family, the griswolds, what got them together for 30 seconds after 23 years. can't believe it's been that long. details on what they're doing coming up in "the skinny." if you do not like national lampoon's "christmas vacation." you have no soul. funniest holiday movie ever. love the griswolds. >> c
ABC
Nov 26, 2012 3:00am PST
over raising taxes? a decade's long pledge? >> now you see a little wiggle room. everyone, came out strong. now getting done to nitty-gritty of compromise here. perhaps backtracking here. get something done. look for language difference between tax rates and tax revenue as the debate moves forward there. >>> also this morning, the promises made to students by private for-profit colleges. did recruiters know and bend the truth about the job market to lure students to sign up for classes? a lot of reporting in recent years about what is going on with for-profit colleges. some of it kind of scary. we'll delve into that. >> we'll hear more in the next half hour. >>> later, the legendary rolling stones begin their concert tour, celebrating 50-year search for rock 'n' roll satisfaction. the first of five concerts. >> i could watch mick jagger dance all day. i think that's poetry in motion when mick gets on the stage and he's prancing around there. you can't beat that. that's americana at its best. >> better moves. rob nelson? mick jagger? >> no one's in mick's league. >>> but first, retai
NBC
Nov 26, 2012 11:00am PST
, marla. we have just heard from the city tax collector's of bureau of revenue. they are filing this legal action. they confirm the city is going to go after the los angeles dodgers for reimbursement in the treatment of bryan stow. the giants fan who was severely beaten outside of a dodgers game. to help pay for the four months of care it treated stow's injury. the city attorneys have asked a bankruptcy judge to add san francisco to those seeking damage from the team's insurer. this is a bankruptcy issue because the team filed chapter 11. this was a controversy. the city says this is not unusual, but standard practice to go after unpaid bills. it is taking all steps to protect the city's interests. stow and his family is suing the team frin the amount of $50 million. the amount needed for a lifetime of care. reporting live outside san francisco city hall, bob redell, nbc bay area news. >>> now to the south bay. citizens will have a say on who will be the next san jose police chief. city leaders will hold a community meeting tonight to gather input from neighborhoods on what they want to se
KRON
Nov 26, 2012 8:00pm PST
network, a connection your whole house can count on. ♪ >> 36 days and counting, the bush era tax cuts and the implementation of massive spending cuts if they do not come to an agreement. they are back in washington after the thanksgiving break. as catherine heenan explains there are some hints of compromise. the most americans understand the fiscal cliff is a scary and a series of living tax hikes. it could damage the economy. president obama has been pressuring congressional leaders to reach a compromise that increases taxes on wealthy americans. a handful of republicans are suggesting they might break their pledge to never vote for higher indicate taxes. >> and for the good of the country only if democrats would do a title that. >> the pledge that we signed 18-20 years ago but the world has changed. >> is music to the ears of the white house but disturbing to this man. the anti-tax crusader that cut republicans to tax no tax- agreement. it >> if you want to go to your voters and say i promised to this and i am breaking the promise you have that conversation. >> if he seems confident
NBC
Nov 27, 2012 11:00am PST
republicans may be willing to back off an old pledge not to raise taxes. this is ahead of trying to avoid the fiscal cliff. we have tracie potts with details from washington. >> reporter: today, president obama meets with small business leaders. a new white house economic report warns if tax breaks go away, the average middle class family will owe uncle sam $2,200 next year. >> middle class families should see an extension of the tax cuts. >> reporter: some republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we have been open to revenue by closing loopholes as long as it is tied to spending cuts and pro-growth tax reform that broadens base. >> you don't raise rates. you cap the amounts of eitemize deductions. >> reporter: america is borrowing too much money trying to keep social security and medicare afloat. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> this congress is already one vote away from avoiding the fiscal cliff. >> reporter: and no word yet on when the nex
SFGTV
Nov 25, 2012 12:30am PST
buildings. there is a public investment of 1.5 million dollars and tax revenues generated to the city and i will briefly touch on this the port has a rental stream from it. there is a big benefit we're getting at saving the buildings. they constitute $100 million plus and we get a chance to bring them back so here are the numbers for the general fund. if you don't include the property taxes it's about half a million of benefit. with the property taxes it's 780,000 that is on going basis. it's not a small number and not as many commas in it but it will generate the general fund. we call out property taxes separately because in the greater context of pier 70 we may may look at a funding mechanism for this and even if we do that there is a fiscal benefits. there are benefits to special funds through the city. mta will get $70,000 a year and these special funds coming off property taxes, so that's the highlights. this is as we went over in october the potential revenue streams to the port over time. it could possibly range in our expected case that by 10 to 12 years out we are at $700,000
CNN
Nov 25, 2012 2:00pm PST
-cholesterol drugs around. what you need to know. >>> two top republicans loosen their grip on that no tax pledge as the nation nears the fiscal cliff. these smartphones come with a bonus $100 walmart gift card? that's right. so it's like i won. sure. oh my gosh i won!!! i won!!! [ male announcer ] get a $100 walmart gift card when you buy any android or windows 8 smartphone. through december 1st. from america's gift headquarters. walmart. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> there's a recall out for a popular anti-cholesterol drug. a total of 41 lots of the generic version of lipitor may be contaminated by glass particles. the recall is voluntary and with the knowledge of the fda. >>> in egypt the muslim brotherhood says one of its fence, a 15-year-old boy, was killed and another 60 injured in an attack its headquarters there in cairo. across the country, the group is
NBC
Nov 28, 2012 11:00am PST
they rejected the soda tax in richmond, a berkeley city councilwoman wants her city to give it way. the counselwoman urged the city to consider putting added tax on swedened drinks sold in the city. she says the money raised from the tax can go to support youth education and health programs. voters in richmond overwhelmingly rejected measures and which would have placed a one cent tax on every soda sold. >>> okay. when we come back, barry bonds, the baseball giant back in headlines. >>> okay. let the debate begin. is he in or is he out? major league baseball announced that the all-time home run leader, also a bay area native, barry bonds is on the 2013 hall of fame ballot. and it stirred up a little bit of controversy. >> yeah, for a lot of years, fans have been arguing whether barry bonds, and sammy sosa actually belong on that hall of fame. it's well-known that former giants slugger along with sosa and clements, they've had their careers tainted by steroids or performance-enhancing drugs. so far, no one tied with the steroids era has received enough votes for the hall of fame. bu
FOX
Nov 28, 2012 4:00am PST
to avoid another recession. at the end of the year, tax breaks expire and drastic spending cuts are due to take effect. bracing for those higher tax rates possibly coming next year, some corporations are handing out 2012 dividend payments that are looking more like christmas presents. walmart and dillard's are among several companies paying dividends in december instead of in early 2013. currently taxed at 15%, that rate, under automatic fiscal cliff increases, could more than double. many investors believe that no matter how the fiscal cliff situation is resolved, dividend tax rates will likely increase in 2013. jamie dimon is getting public praise from billionaire warren buffett. this week on charlie rose, mr. buffett said he thinks mr. dimon could be the "best person for the job" after treasury secretary timothy geithner steps down. mr. buffett notes that dimon could deftly handle another financial crisis, even though jp morgan was forced to take a government bailout during the financial crisis and dimon came under question earlier this year, when the bank lost 6 billion dollars in a
KRON
Nov 26, 2012 5:00pm PST
more is known about whether and not government leaders will be able to avert the fiscal cliff. >> taxes go up for everyone, less money to spend and you don't buy anything. >> one of the benefits of shopping on line is that you can do it from just about anywhere. with most people back to work on sun insider monday we're asking on facebook if you made any purchases from your job? if you have not done any cyber monday shopping yet it is still out there still time to snag a deal. >> the stakes are high and we need to address this in a serious way. >> this is the thumb and louise crowd. the ones who dream of higher taxes and bigger government. >> is only the house would consider freezing tax rates for 90 percent of the moment american families >> people want to know if washington is any closer to avoid the dreaded fiscal cliff. we'll have the latest on progress after the break. >> 36 days and counting until the fiscal cliff and washington lawmakers are heading back to work after thanksgiving break. there are hints of compromise in the air. most americans understand the fiscal cliff is scary
ABC
Nov 28, 2012 4:00am PST
before taxes. >>> the looming fiscal cliff is one reason you may want to take that lump sum. if no deal is reached, and taxes go up, most financial advisers say that could cost the winner millions. >>> and with that fiscal cliff ahead, president obama is mounting a full-court press, making his case for higher taxes on wealthier americans, even as critics accuse him of being back in campaign mode. he'll meet today with mittle-class meshes who taxes will go up if there's no deal by the end of the year. and he talked to high-powered ceos about cutting the nation's deficit. >>> susan rice, who is the front-runner to be the next secretary of state, is back to capitol hill for more meetings with some of her harshest critics. the topic this time, her comments after the attack on the consulate in libya on september 11th. tahman bradley has the latest from washington. >> reporter: u.n. ambassador susan rice faces more tough diplomacy on capitol hill. rice is the leading candidate for secretary of state in president obama's second term. but prominent gop lawmakers are trying to stop her from gett
ABC
Nov 27, 2012 7:00am PST
everyone's taxes go up. both sides set to meet with business leaders this week. the company will take his campaign on the road, too, as more republicans appear willing to bend on their no new taxes pledge. jon karl is in washington. even though the president has been calling congressional leaders, they haven't made enough progress for another face-to-face negotiation. >> reporter: there's no face-to-face meeting even scheduled now between the president and congressional leaders. but i can tell you that high-level talks with staff are intensifying, with time running out. and republicans are expressing a newfound willingness to compromise on that long-standing republican pledge never to raise taxes. >> the pledge was designed -- >> reporter: meet the anti-tax enforcer. the man behind the pledge. grover norquist. >> republicans who vote for a tax increase are rat heads in a coke bottle. they damage the brand for everyone else. >> reporter: ronald reagan was part of the first pledge. and no republican has been elected without signing that no tax increase pledge. how many of these things have
CNBC
Nov 26, 2012 6:00pm EST
classmate grover norquist, the anti-tax crusader who came out swinging this weekend reminding republicans who signed the no new tax pledge to not discuss impure thoughts if they talk about taxes on national television. i know important apornography w it. it made it very clear that any republican who signed the pledge, that's pretty much every republican in congress, who balks at someone whose career is over. to me, that meant the defectors are far and few between. as a moderate leadership cannot deliver those pledge to the norquist hardline. norquist who seems to welcome a bust on the wall of shame, used to beg for it, is more powerful than speaker john boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakers. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but mo macy's and costco were tagged with huge loss es today. i believe the holiday sales are far are flat-out strong. amazing numbers from apple, like a rock
CNN
Nov 23, 2012 9:00am PST
chambliss is taking aim at tax reformist grover norquist. why the senator may back out of his pledge not to raise taxes. plus, house majority leader john boehner sounding more and more like republicans won't be easily won over during tax talks. the mering fiscal cliff next. >>> and it was a normal thanksgiving morning until this multi-car wreck. how some 100 cars collided in texas. >> it was just a kmpl seconds, chain reaction. crazy. flashed right before my eyes. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day
CNN
Nov 24, 2012 11:00am PST
, expiration of the pay roll tax holiday, and cuts in unemployment benefits. all those things are considered. joining us now is alex. it's good to see you. >> good to see you, fredricka. >> before we get to that fiscal cliff, let's talk about one of the things they talk about, whether it's raising taxes, revenue, however you want to define it. republican senator saxby chandless of georgia broke ranks with grover norquist and his anti-tax pledge. he signed the pledge after he first ran in 2008. but here's what he told our cnn affiliate in macon, georgia, about his commitment thus far to that pledge. >> times have changed significantly, i care more about the country than i do about a 20-year-old pledge. i think we owe the debt and we got to figure out a way to pay it. >> and of course, that pledge creator, grover norquist, fired back on cnn "the situation room" just yesterday. >> the commitment he made to the people of georgia was not to me. it was a written commitment to the people of georgia that he would go to washington to reduce government spending and reform government, not raise taxes.
CNN
Nov 27, 2012 9:00am PST
about obviously the fiscal cliff being the tax hikes and the spending cuts, how does greece factor into this as well? we see protests, how does that relate who-to-what's happening in the united states? >> greece slowly, surely, painfully, undeniably, inevitably, moving to the position that most economists said we would be in or should be in, and that is that the debt level of greece was unsustainable. they've had several bites of chair are the factor night of the week is they need to cut the debt, cut the interest rate, take their foot off the throat of greece. allow the country to grow. it's going to be painful still for the people of greece. but now perhaps for the first time, we're seeing some real honest deals being made in the cold light of day. one thing that you and i need to think about, as weeks go on, i think that you and i need to have what we call in britain a swear box when we talk to each other. each time one or other of us says that phrase fiscal cliff, that's a dollar to a charity of our choice. >> okay. we can do that. we'll give it a try. hopefully we don't have t
KRON
Nov 26, 2012 7:00am PST
year. this morning the economic council and the economic council advisor a say the increase in taxes and the fiscal cliff we're talking not add the in the year. if that happens and we go over the cliff consumer drop spending could drop by nearly $200 million next year. this is why investors are a little apprehensive. >> people do believe in the class and they understand that it is no joking matter. --cliff the poll indicates 17 in 10 americans are calling for a compromise on the issues. they are pessimistic about anything actually happening. one out of four people say tax increases and spending cuts will it cause a crisis. >> the giant l'oreal is buying the edgy private cosmetic company urban decay. it will give l'oreal another entry into the specials as brands. urban decay makeup is sold through specialty retail stores like so fora for online shops. this deal will give l'oreal extended reach. we will take a break in here as aid look at our toll plaza. the fog is a real problem as we're watching the news began to back up. we will talk to george st of the drive times are slowing down.
KRON
Nov 27, 2012 5:00pm PST
at selling his remedy including allowing higher taxes on the wealthy. republicans are claiming that he should instead be sitting down to talk more with them. >> it seems like our president is having some sort of difficulty turning off the campaign. we need to sit down and work this matter out. >> there is little progress with the republicans which is disappointing to me. i they talked some happy talk about revenues but we only have a few weeks to get something done. >> of republicans have had their own meetings. the fiscal cliff is a series of tax increases and spending cuts that economists predict could send the u.s. into a recession. former senator bob dole of kansas has been hospitalized. not many details were replaceleased. his name was mentioned on the senate floor today. dole over came disabling work injuries to perform his 26 year political career. >> hector camacho camacho died saturday after being shot outside a bar. during his career the flamboyant boxer had a long string of world titles. services will be held in new york where he grew up and that is also where he will be buried. it
CNN
Nov 25, 2012 8:00am PST
keeps hit a detour. >> they got off to an optimistic start. >> the country faces drastic tax cuts. >> let's get right to the ia sex scandal and the breaking news scandal overnight. >> today we're learning how much access. >> you find a guy who says -- >> jill kelley from tampa, florida -- >> our journalist is priorities are out of whack and did david petraeus get unusual treatment from the veterans he cultivated. >>> some ignorant teenagers wrote horrible things about president obama on twitter, messages that were exposed by the website jezebel. but did they go too far in trying to get these students punished. >>> plus bill o'reilly called him one of the biggest race baiters in the media. kuhnen very sags with eric degreens. i'm howard kurtz and this is "reliable sources."gans. i'm howard kurtz and this is "reliable sources." >>> the president of the united states and. automatically takes effect in just of o every a month if they can't face an agreement. the health of the american economy and maybe if it goes down to the wire the fiscal cliff story will receive 1/10 theed my ya at
KOFY
Nov 26, 2012 11:30am PST
fiscal cliff could hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign something [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr included, free for life. [ male announcer ] you get reliable, high
KRON
Nov 24, 2012 7:00am PST
are investigating and then buys business owners taxed anyone claiming to be a utility represents a form id badge and check their car for an official logo. >> san francisco's public utilities commission is urging residents to recycle their used cooking oil this holiday season. san francisco and treasure island restaurantresidence can p off used cooking all the nine sides that are open year round. >> for those seeking a festival of alternative to the shopping frenzy as special holiday fair is open this weekend. the great dickens christmas fair and victorian holiday party is happening now at the cow palace. the fair is open each saturday and sunday until december 23rd. the entry fee for adults is $25, seniors over 62 will pay only $21 and children 5 to 12 years of age pays only $12. parking is $10. >> coming up on kron 4 news weekend. we will remember larry hagman. the dallas star passed away friday but leaves behind an iconic acting career. >> this will set up to be a beautiful day and some parts of the bay area will see 70 degrees. it will be very nice. >> we are back. this is the bay bridge appr
SFGTV
Nov 25, 2012 12:00am PST
at and in the discussion there and talking about other arenas and talks about public investment, public tax dollars in those facilities. this is a very different proposal from those that have been referenced here, so in order for that project to work we have exactly the same needs. okay. we need trpg to work. we need parking to work because if not we're making a really bad investment, so i think for the most part our -- the concerns expressed very much represent the things that we have to tackle and things that we have to tackle and get right and we are committed to the public process. i know that we've had a lot of references to how quickly this is going but i don't think there has been a meeting or request from anyone from the warriors or anyone on the team to be somewhere and talk that hasn't been fulfilled going forward to make sure we get the benefit of that input in creating a project that will be successful and not only for the city but good investment for the warriors. >> thank you. >> well rick while you're up there and i know you have heard some other comments too about minority busi
KRON
Nov 27, 2012 7:00am PST
to increase taxes on the wealthy while extending tax cuts for families earning $250,000 or less. today will meet with small-business owners tomorrow middle-class americans. >> watching wall street we have good news and a jump in home prices the highest level since 2008. also of rising consumer confidence. the fears of fiscal cliff have that consumers worry. the dow's at 12,933 >> the time is 8 to 05 a.m. and let's take a live look at the approach to the bay bridge. george lab the updates on the drive times and hot spots. erika will have details on when the rain will start when we continue. >> new video world news from to rear square in cairo. there have been clashes between police and protesters. there's a mass rally against the decree against muhammed more see granting themselves broad power. more seat stuck by his controversial decree and his meeting with judges that was aimed at diffusing the worst political crisis since his election in june >> yasser arafat's body has been exhumed to find out whether and not he it was poisoned. he died nearly a decade ago due to a sudden illness. t
KRON
Nov 28, 2012 7:00am PST
to press congress to protect tax cuts for families earning $250,000 or less. the president will meet later on with corporate executives to. the white house democrats and republicans have yet to agree on how to avert an economy crushing a series of automatic tax increases and spending cuts that are due to take effect in january. tracking gas prices against the bay area for you in the state average is $3.73 a gallon. bay area prices are averaging $3.82 a gallon san jose $3.67 and in oakland $3.71. i always like to take a mental note to know which gas stations to dry by if you're looking for cheaper gas. >> mega busts a company that offers city to city services for about a dollar is expanding to california. it will allow you go from oakland california san jose and san francisco to los angeles. also sacramento and the reno sparks area as well. they cam but " cal for a trip starting today but they do not actually start running until december 12th. the company will be offering trips where dollar transfer its first week of service. >> will be back with more of the team coverage of the storm in ju
CNN
Nov 24, 2012 5:00am PST
black friday and maybe their taxes will go up at the same time is this fiscal cliff threat playing any role in what we're seeing as it relates to holiday shopping? >> it is and it isn't. 64% of the people that were polled by the national retail federation said they were going to be affected by the political uncertainty and how they would be shopping this year, but last year people spend about $740 during the holiday season. that's expected to go up by-10 year to 750 so even though they are saying they are concerned about the fiscal cliff, definitely worried about their finances, the taxes, the economic climate, people do seem to have holiday fever, and they are out there shopping. when you think about what are they shopping for this year? it's a lot of big-ticket items. they are calling it the year of the toy which typical. you've got barbies and legos and furbies, and guess what else is also at the top of the list, apple products, iphones, ipads, mini ipads. those are very expensive items, and they are not being discounted because companies like apple don't have to, so even though peo
ABC
Nov 28, 2012 7:00am PST
. >> okay. before taxes, after all. steve, thanks very much. >> the lottery balls are so loud. he's like in a wind tunnel talking like that. what are you guys going to do with the money? >> share it with you. >> split it. >> thank you. oh, that's so nice. thank you. i'm not sharing it with you. >> wow. >> just kidding. of course, i am. all right. i'll definitely share it with sam. >> thanks, thanks. >>> now to the battle brewing over who will be the nerks secretary of state. no final decision from president obama. the front-runner is susan rice, the u.n. ambassador. and she ran into a buzzsaw yesterday on capitol hill, when she met with republican senators critical of her nomination. take a look. >> the concerns i have today are greater than they were before. and we're not even close to getting the basic answers. >> i want to say that i'm more troubled today. >> we are significantly troubled by many of the answers. >> abc's jonathan karl is covering all this from washington. jon, on sunday, it looked like some of the senators, graham and mccain, had softened their opposition. but not aft
ABC
Nov 25, 2012 7:00am PST
before december 31st or everybody's taxes go up, and the spending cuts kick in. but the president has had his first meeting with the top congressional leaders. there's a fair amount of optimism that something will get done before the end of the year. not necessarily the whole big deal but maybe a down payment on deficit reduction combined with a commitment to hit the big numbers before the end of next year. >> in addition to the fiscal cliff, there's some big vak kis coming up in the president's cabinet, as well. we have the state department, we have treasury. those two we expected, even the cia now, the general petraeus scandal, three vacancies. >> three big ones at least and there's likely to be more shuffling. of course, the big controversy right now over who is going to replace hillary clinton at the state department. the president has signaled is favorite to be ambassador susan rice and faced opposition in the senate and house. this week, 97 house republicans signed a letter telling the president don't appoint susan rice. she came out this week and defended herself and the president
KRON
Nov 20, 2012 5:00pm PST
the scandal. and if you're not paying enough federal taxes there is a new way to donate to the government to help the debt. not clear that and the people are taking up on this but some people are. palace iallison people are pitching in and helping their country to the tune of $8 million. they donated $7.7 million to help pay off the national debt is a good goodwill efforts but it will not make a huge difference. the government accumulated one trillion dollars of debt and the latest fiscal year. the 7.7 million is just a small fraction of but it is still worth noting. take a look. people were donating $3 million per year but this job is showing an issue of the fiscal cliff and their people are going attention. the government started accepting donations in 1961. when somebody anonymously left $20 million to the debt. and since then, they continue to donate. from the states, taxpayers and even children and the bureau of public that wants to receive a coins right c classroom. some say that it is crazy but if you are feeling charitable you are welcome to to donate. you can even place a extra c
CNN
Nov 23, 2012 11:00am PST
a key advantage in states like california. no sales tax. local bookstores already under pressure by the rapid rise of ebooks and large bookstore ch n chains feel flar lparticularly squeezed. >> if you can save 10%, why wouldn't you? >> reporter: amazon's tax advantage recently disappeared in california adding 7% to 10% to the cost of each order. it also began taxing this year in other states like pennsylvania and texas. online retailers collect tax only for states where they have a physical presence. now here in california, amazon is building two giant warehouses. including this one near los angeles. it is a million square feet, and for the old-fashioned retailers, it is another reason to worry. why? because amazon's goal is to get items to customers faster and to be able to offer same day delivery. that's right. you can avoid stores if you want, and have a package delivered to your house in a matter of hours. a win for consumers, but tough for local retailers. >> if amazon creates distribution centers, and facilities on their turf locally, that takes away the one advantage we s
ABC
Nov 26, 2012 6:00am PST
on now traffic bagging past the west grand over -- backing past the west grand overcrossing, fact tax getting by nicely, suggestish upper deck, very foggy, fog -- advisory for all bay area bridges, bumper-to-bumper out of tracy towards altamont. out of antioch very slow towards pittsburg and concord typical for this time of morning. leaving santa rosa 101 southbound a grind to novato, 80 east shore freeway, there's 680 to the 580 corridor. our waze app is free you can see your commute through san pablo and el cerrito, very slow, fog is a factor all morning, take extra care download this app free. >>> the fog can make the commute difficult. amy hollyfield joins us live from the bay bridge toll where the conditions there now look pretty foggy. >> reporter: it is thick. take a look at what the cars are going through behind me. you can see their tail lights, pretty thick and tough to see, far in front of you the kind of fog if you close your eyes and spun around a couple of times and opened your eyes you wouldn't figure out which direction you were facing, you can see far here's video we
ABC
Nov 28, 2012 1:40am PST
his case for raising taxes on wealthier americans. >> republicans say, get off the campaign stump and get in the negotiating room and get this thing done. so it's getting interesting. >>> imagine getting hit with unpaid parking tickets that totaled $100,000. well, a woman, her ex-boyfriend, and the battle over a car that sat for three years accumulating the fines. wow! >> chicago strong. that's how they roll there. >>> later, the secrets you can learn about your health by looking in the moore rohr. there could even be clues hidden in your earlobes. mirror, mirror on the wall. >> is it really? >> who has the creepiest ears of them all? >> little waxy. >>> first did you hear that? no. it's either the clock ticking, the powerball ticket printing or the cash registers ringing. that's for sure. all of it as we get ready for tonight's enormous powerball lottery. >> like my foley effect there? >> very nice. >> the second largest lottery jackpot ever. it's at least half a billion, and strong ticket sales mean that number could go even higher. when players are lining up in the dusty arizon
KRON
Nov 20, 2012 8:00pm PST
that is a reason why if there is no deal there could be tax hikes and spending cuts of that-fiscal cliff. >> h-p has fourth quarter losses. the tech giant saying that the tech giant says it's written down $8.8 billion of the value, autonomy.. h p paid of $11 billion for the company last year it said the company discovered is had misrepresented its finances. h-p stock has lost the building permits, hit a four year high last month with building started on an annual pace of 894,000 homes in october. sports, coming up next with tedford.. out. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to
KRON
Nov 21, 2012 8:00pm PST
a flat screen television. >> she has sent up a tent with this tax. >> we have seats and we also have a tent, and with seats in side with blankets and this week. tonight. >> managers say that this is the earliest. >> i never thought that we would be out here this early >> earlier crowds and longer waits. people are trying to find any way to get their mind occupied waiting for that great deal. >> how has it been so far? >> cold. >> not that bad i've been talking to everybody it has been fog. >> virginia is hoping that giving up for thanksgiving will pay off >> i am hoping that it is worth it but if somebody wants to bring us thanksgiving dinner? we would gladly accept that lot >> with many people eating that if you are going to come down that on the stores will open on the died and you should get here early because a lot of the stuff is going to go quicker. >> some wal-mart employees are going to hit the picket lines. they are not going to be a run for the busiest shopping days. reggie kumar explains. >> this is you tube video of employees protesting outside of southern california last
KOFY
Nov 20, 2012 9:00pm PST
the man stole 9 million personal data files including the identity card details tax numbers license plate numbers and home addresses of so many people. now it's not clear how he got them or if he planned to sell these files. but huge security breach. >> dot combust artist is on the verge in the art world. here's don. >> image are startling. complex. artist work is challenging. creativity dynamic. >> i become so focused that i can paint 18 hours in a row and not stop to eat or drink. >>reporter: he's showing the newest piece at this gallery. art salon almost 20 years old. it's a perfect fit for someone who is in advertising in the early days but found his passion in painting. >> i sold another piece and here i am 6 years later. >>reporter: this is about a resurrection with metal image overlaid on paint. series about u.s. history and political icon. this is the statue of liberty. >> every other day i began to repaint over it and paint over it because the mood kept changing. so over a period of 5 years i probably did 200 version of this piece. >>reporter: wow! >> all on top of ea
ABC
Nov 28, 2012 12:00am PST
the overdue taxes she owes the government which is, that's nice of him to do. when charlie sheen is the guy helping you get why are life back on track, that's a problem. apparently they became friendly on the set of scary movie 5 which i believe is a documentary about them. and he took pity on her and now a christmas miracle from charles sheen. the powerball jackpot. did any of you play this? it is $500 million. the biggest powerball jackpot ever. just imagine how many lottery tickets you could buy with $500 million. the drawing isn't until tomorrow. with that said i want to say congratulations to the group of 18 people who work in an aluminum manufacturing plant who will inevitably win this. unfortunately here in california, we're one of the eight states that doesn't participate in the powerball drawing. there is still a way you can take part. our parking lot security guard guillermo put together this instructional video for those of hue live ntsb nonpowerball states, california, alabama, hawaii, mississippi, utah, wyoming, but still want to marriage here's what you do. >> you feel like yo
CNN
Nov 22, 2012 2:00am PST
it in the house to keep the tax rates where they are to stave this off for a moment. and democrats say we won't pass that because we want the rates to go up for the top bracket. so the question is, what does this opening move look like? i don't think there will be much agreement on even what the opening move looks like, moving forward. >> we don't want to be pessimistic, it is almost thanksgiving, let's all just wish each other happy thanksgiving, and wish all of our politicians to come back afterwards and just get some deals done. thank you both very much for joining me. >> thank you for having us. >> and we'll be right back. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. on any new volkswagen. try running four.ning a restaurant is hard,
NBC
Nov 23, 2012 10:00pm PST
, the grieving widow was taxing their patience. >> okay. the game's over with, okay? there's no more games with you and i. now we are going to get down to serious business. >> reporter: interrogators hadn't let on to dalia that hers wasn't a fresh name to them. in fact this moment inside the police interview room was the culmination of an investigation that was already a week old. in what would become just a sensational case, and for a brief while as popular as piano playing cats on youtube, began when a man walked into the police station here one evening and said add strange story to tell, a married lover of his h. detective alex moreno didn't know what to make of this walk-n >> first, he is giving you the information, you don't know what to think. here is guy sleeping with a guy's wife and now she is trying to get somebody to kill him. >> pretty juicy story. >> exactly. >> reporter: detective moreno had his tipster run his story down from the top. the man was named mohammed, he said he was a part-time actor who worked at a convenience store. he's told it he had been friends with benefit
ABC
Nov 22, 2012 1:40am PST
of thousand of jobs and up to $1.1 billion annually in sales tax revenues here because some people get like that grill in may and return it in september. >> how do you return a grill? >> just the point. you know what i mean, they're saying thieves will target high priced items and return them for store credit gift cards and then resell the cards or use gift card trading websites. fraud. they're cracking down. if you return an item they take your photo id and put you in a database. serial returners beware this season. i am going to return underwear after the show. >> underwear, who wants to return underwear. >> that's going to be target's problem. i can't worry about that. wash them, heavily. >> you have heard about, maybe you haven't, beer goggles. >> yeah, ooh. >> there is a new device that google created to try and help you lose weight this thanksgiving. and it is, they are goggles, glasses you put on. it makes, look at this, makes something appear larger than it is. that is an oreo cookie. this doesn't make sense. if it appears larger it will activate your brain. your stomach feels it al
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